Hello and welcome to this SPinvest post
SPinvest is a tokenized investment fund/club for all users of the STEEM blockchain. Everyone is welcome! The concept of SPinvest is to get rich slowly by using time tested methods of earning, saving and compounding long term. We encourage long term investing on and off the STEEM blockchain. We hope someday everyone will HODL some SPI tokens that can be bought directly from @spinvest are through the steem-engine are dex.steemleo exchanges. Full details about SPinvest can be found here
100% BuyBack Liquidity offered
Buy and sell back SPI tokens on the Steem-engine are Dex.steemleo exchange's
What is SPinvest worth in Dollars?
Hello everyone, today i will be mostly looking into how all of our holdings are valued in terms of dollars. SPinvest was launched over 8 months and i have never one time thought to check this. As all SPinvest holdings are valued in STEEM, the dollar amount has never been important to me in the same way you don't care what your bank balance is worth in Mexican Pesos. However...... the past 8 months have seen a decline in the STEEM price and now that things look to be changing direction and STEEM sitting comfortably (for now) at the 20 cent mark, im interested so let me have a look and share the results with you guys.
I have just had the idea right now while writing the intro
After i work out SPinvest current dollar value, i will show you all what SPinvest is worth of over 20 other currencies, cryptos and investments. This is gonna be fun, i love working on silly things like this.
OK, to get started and keep everything moving quickly i will be using the lastest holding report as a reference to what SPinvest holds.
Not really a lot of explaining need done here if you have seen the weekly reports. Everything under orange is a STEEM wallet holding, under green is a SE wallet holding, under black are off-platform investments and purple is the total for that account. SPinvest is colour coded :)
There we have it, SPinvest is worth a total of $18,243 in its current state. This figure will grow over time as more investors finds out about this project, more SPI tokens are issued, more earnings are generated and more off-platform investments are made. Our next off-platform investment is 2500 STEEM into BTC, we have just over 2000 STEEM already saved at the time of writing. This is worth around $500 at today's prices and just goes to show that an increase in the price of STEEM makes a huge difference when we consider that our current off-platform investments are worth $609 and cost us closer to 4000 STEEM. Anyways, before i start to bore you, that have a look and see what is SPinvest is worth in.......
Some groundbreaking information and insight showed in the numbers above. Are 94k bananas enough to feed all the investors? We are aiming for 1 million bananas are we not?. Strangely the price of a single banana is around 1 STEEM and the banana amount is pretty close of are total STEEM value amount. Now i have had my fun, let's compare the total value of SPinvest against other fiat currencies, crypto and investments.
That's pretty much all i can think up of right now. Tesla stock is so overpriced right now. I think it has to drop as it's starting to look like BTC. i believe it'll be a trillion-dollar company but the price has to chill the fook out and sort of reset. We are worth 5% of a Berkshire Hathaway share which is Warren Buffet's hedge fund for those that do not know that and we could be Neoxian.city millionaires if we cashed out and converted everything to 10.1 million tokens and retired to the city.
As the price of STEEM increases over time, those numbers will start to look more interesting. I would think the price of STEEM over the next 2 years will outperform most of the things in the above table. The benchmark is Bitcoin, in theory, STEEM should outperform bitcoin because the STEEM/BTC is at all-time lows and also due to the size of there total market caps. STEEM should, in theory, outperform Bitcoin and Bitcoin is the king of ROI, so this means STEEM should outperform everything else. I do actually think about what i do and would never plan like this but it makes sense.
Today we are worth $18,243
Give me your prediction in the comments below of what you thin SPinvest's total holdings will be worth in dollars by year-end 2020. You'll have to factor in how many tokens we are likely to issue, the price of STEEM and a bunch of other things.
Let's see what you guys are thinking. Im feeling pretty good about the number $63,000. I think we could be there by year-end, what do you think?
BUY SPI Tokens
Buy SPI tokens directly from @spinvest. Each token is currently priced at 1.00 STEEM and you can send any amount directly to @spinvest and i will issue you SPI tokens to 2 decimal places for the value of STEEM to send. All tokens bought directly will be sent to investors SE wallets within 24 hours but most likely much sooner.
|SteemPower Investments Introduction Post||Click HERE|
|SteemPower Investments Club Partnership Agreement||Click HERE|
|How to become a club member||Click HERE|
|How to convert SE tokens into SPI tokens||Click HERE|
|Join the SPI club Discord server||Click HERE|
|Join the SPI curation trail||Click HERE|
|What's best for the SPI Club? Centralized vs Decentralized||Click HERE|
|SPI tokens 95% buyback guarantee||Click HERE|
|SPI Club monthly Fiat to SPI token group buy||Click HERE|
All questions are welcome, please ask in the comments below
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